Nainital Bank Exam

4 minute read

Nainital Bank Limited, a wholly-owned subsidiary of the Bank of Baroda, was founded in the year 1922 to provide convenient banking services to the country’s population. Currently, the bank has more than one hundred and sixty (160) branches across the nation spread across five (5) states, i.e., Delhi, Rajasthan, Haryana, Uttarakhand, and Uttar Pradesh. Given the widespread nature of the bank’s operations, it is in constant need of a competent and qualified workforce. Accordingly, Nainital Bank Limited conducts recruitment examinations for filing eligible posts. In this blog, we will be discussing the Nainital Bank exam process as well as other relevant details associated with the examination. 

ParticularsRelevant details
Conducting BodyNational Bank Limited
Frequency of examOnce a year
Application processOnline
Official website
Mode of examinationOnline at designated venues
Language English
LevelsTwo (2) – Examination and interview/document verification

Important Dates for Nainital Bank Exam 2023

The relevant dates for the upcoming Nainital Bank exam for the year 2023 are yet to be notified. We urge you to keep an eye on this space for more information. 

Eligibility Criteria for Nainital Bank Exam

Nainital Bank Limited historically invites applications for suitable candidates for the posts of Probationary Officers and Clerks. The eligibility criteria for these posts are discussed below:-

PostEligibility criteria
ClerksBachelor or post-graduate degree with at least a score of forty-five (45) percent from a perceived institute/university
Basic knowledge of PC applications 
Probationary OfficersBachelor or post-graduate degree with at least a score of fifty (50) percent from a perceived institute/university
Essential information on PC applications is expected

It is also pertinent to mention here that candidates possessing one (1) or two (2) years of relevant experience in the banking or monetary sector will be given due preference. 

Registration Process for The Nainital Bank Exam

The application process is online and candidates need to visit the official website and fill in the required details to generate a registration ID and password. 

Fees for Nainital Bank Exam

The fee schedule for the exam is stated below:-

ClerkINR 1500
Probationary OfficerINR 1500

* Inclusive of GST.  

Syllabus for Nainital Bank Written Exam

The detailed syllabus for the Nainital Bank exam is discussed below. Notwithstanding the syllabus, it is vital that candidates also keep themselves updated on the latest developments in the banking and finance sector to have a better chance at clearing the exam.

SubjectWeightage Topics*
Reasoning40 marksNumbers, Rankings, Time sequences, Coding-decoding, Venn diagrams, Analogy, Statement-argument, Puzzles
English comprehension40 marksReading comprehension, Jumbled sentences, Alliterations, Metaphors, SimiliesOxymorons, Prefix and suffix, Error spotting, Active and passive voice, Tenses
General Awareness40 marksAbbreviations, Current events and affairs Economic, news, Banking news, Sports, History, Indian Constitution
Quantitative Aptitude40 marksTrigonometry, Time and work Mensuration, Simple and compound interest, Data interpretation, Profit and loss percentage, Number series, Probability
Computer knowledge40 marksComputer hardware, Computer software,MS Word, MS Excel, MS PowerPoint, Internet usage

*This list is not exhaustive.

Once the candidate clears the written examination, there will be a personal interview. After the personal interview, the list of selected candidates will be intimated. 

Also Read: IBPS PO

Exam Pattern for Nainital Bank Exam

The exam pattern is discussed below:-

Duration of examOne hundred and forty-five (145) minutes
Language of examEnglish
Total questions200
Total marks200
Negative markingYes. One-fourth of marks will be deducted for every incorrect answer.

Recommended Books for Preparation

Keeping in mind the syllabus and the large number of topics involved, here is a list of recommended books that would help you prepare better and ace the exam:

TopicsName of the book and author
ReasoningA modern approach to logical reasoning by R.S. Aggarwal
General/computer awarenessLucent G.K. by Dr. Binay Karna and Manwendra Mukul
EnglishHigh school English grammar by Wren & Martin
Quantitative aptitudeFast track objective arithmetic by Rajesh Verma

However, given the vast syllabus, candidates should do their research and find additional literature best suited for their preparation. 

Salary and Benefits

Candidates who clear both the written examination and the interview will then be selected for the post of Probationary Officer or Clerk. The below table illustrates the average Cost to Company (CTC) for both of these posts:

PostAverage Cost to Company
Probationary OfficerINR 7 Lakhs per annum
ClerkINR 3.70 Lakhs per annum

Also Read: A Guide On How to Prepare for Bank Exams

Nainital Bank Exam – Indemnity Bond

It is crucial for the candidates to keep in mind that, once selected, they will be required to sign an indemnity bond for a designated time frame with the employer. The bond details are illustrated below:-

PostBond amountTime period
Probationary OfficerINR 3 Lakhs2 years
ClerkINR 1 Lakh

Preparation Tips 

A well-thought-out strategy and its implementation is often the key to success in competitive exams. Candidates must have a clear understanding of their objectives so that they can work towards the same. Here are a few tips for candidates preparing for the AML KYC exam:-

  • Be thorough with the syllabus and try not to keep any parts of the syllabus unfinished or untouched.
  • Stay updated with the latest developments in the relevant field to gain an edge over the competition. 
  • Attempt previous examination papers to gain insight into your preparation.
  • For the interview, if selected, follow a formal dress code. 

Also Read: SBI Clerk Exam


Is the Nainital Bank exam conducted offline?

No. The exam is online at designated venues.

How many attempts are allowed for an individual for the Nainital Bank exam?

There is no restriction on the number of attempts as long as the eligibility criteria are fulfilled.

What is the cut-off or pass percentage for the Nainital Bar exam?

There is no pre-decided pass percentage and it varies from year to year depending on the number of candidates, difficulty level, etc.

Are Probationary Officer and Management Trainee different positions?

No. They refer to the same position. Recruits are usually referred to as probationary officers. 

For similar updates about the AML KYC exam, keep an eye on Leverage Edu, and don’t forget to follow us on Facebook, Instagram, LinkedIn, and Twitter.

Leave a Reply

Required fields are marked *